InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Premium Asia Income - Managed fund profile

Premium Asia Income - Managed Fund

Fund Objective
The Fund aims to generate regular income with some long-term capital growth.
Fund Strategy
The Fund is managed using a disciplined value-oriented approach supported by intensive, on-the-ground bottom-up fundamental research resulting in a concentrated portfolio of fixed interest securities issued by companies in Asia and the Middle East, which, in the view of the Investment Manager, are undervalued, on either an absolute or a relative basis, have the potential to generate regular income and have the potential for some capital appreciation.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.71% 6.53% 10.15% 4.46% 1.43% -4.11% 0.88% 4.94%
Growth return -0.81% 4.93% 6.85% -1.7% -4.55% -10.58% -6.51% -2.72%
Income return 1.52% 1.6% 3.3% 6.16% 5.98% 6.47% 7.39% 7.66%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.37% 1.09% 2.15% 4.19% 3.11% 2.08% -% 1.82%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Premium Asia Income
Cash
3.37%
Fixed Interest
95.01%
Alternatives
1.62%
Australian Equities
0%
International Equities
0%
Average Allocation of Peers
Cash
27.02%
Fixed Interest
72.42%
Alternatives
0.02%
Australian Equities
0.49%
International Equities
0.05%

General Information

Fund Details
Type Description
Premium Asia Income
Equity Trustees Ltd
MAQ0782AU
Non Investment Grade Debt
starstarstar (as at 31 Mar 2024)
Investment Fund
31 Aug 2011
$84.77 million (as at 29 Feb 2024)
$0.803 (as at 12 Apr 2024)
$0.795 (as at 12 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.13% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment $25,000
Minimum additional investments $10,000.00
Minimum redemption amount $10,000.00

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
PT Gajah Tunggal Tbk 8.95% Bond - Corporate Bond 3.86%
Login now to view the complete list of holdings.

FAQs about the Premium Asia Income

The objective of the Premium Asia Income managed fund is The Fund aims to generate regular income with some long-term capital growth.

The strategy of the Premium Asia Income managed fund is The Fund is managed using a disciplined value-oriented approach supported by intensive, on-the-ground bottom-up fundamental research resulting in a concentrated portfolio of fixed interest securities issued by companies in Asia and the Middle East, which, in the view of the Investment Manager, are undervalued, on either an absolute or a relative basis, have the potential to generate regular income and have the potential for some capital appreciation.

The APIR code of the Premium Asia Income managed fund is MAQ0782AU.

Premium Asia Income’s total return last month was 0.71%. This was made up of a growth return of -0.81% and an income return of 1.52%. These returns were calculated as at 31 Mar 2024.

Premium Asia Income’s total return for the last three months was 6.53%. This was made up of a growth return of 4.93% and an income return of 1.6%%. These returns were calculated as at 31 Mar 2024.

Premium Asia Income’s one-year total return is 4.46%. This was made up of a growth return of -1.7% and an income return of 6.16%. These returns were calculated as at 31 Mar 2024.

Premium Asia Income’s one-year total return is -4.11%. This was made up of a growth return of -10.58% and an income return of 6.47%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Premium Asia Income managed fund is :

Cash
3.37%
Fixed Interest
95.01%
Alternatives
1.62%
Australian Equities
0%
International Equities
0%

The Responsible Entity for the Premium Asia Income managed fund is Equity Trustees Ltd.

The Premium Asia Income managed fund belongs to the Non Investment Grade Debt sector/asset class.

As at 29 Feb 2024, the size of the Premium Asia Income managed fund was $84.77 million.

The Premium Asia Income managed fund has an inception date of 31 Aug 2011.

The current entry price of the Premium Asia Income managed fund is $0.803 per unit and the current exit price is $0.795 per unit (as at 12 Apr 2024).

The current exit price of the Premium Asia Income managed fund is $0.795 per unit and the current entry price is $0.803 per unit (as at 12 Apr 2024).

The minimum initial investment amount for the Premium Asia Income managed fund is $25,000. Minimum additional investment is $10000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.